Shoji Morimoto charges 10,000 yen ($95 USD) for two to three hours of companionship, including listening and activities like going to the movies or Disneyland. He has received 3,000 inquiries and has 260,000 Twitter followers. Morimoto believes people request his services for the “presence of a human being.” Basic companionship is valuable, as having a […]
Companion bonds, also known as support or companion tranches, assimilate excess principal payments during high prepayment speeds and defer receipt of principal payments during low prepayment velocities, reducing prepayment risk. They are commonly used in scheduled amortization class and CMO tranches. The bonds’ effectiveness depends on prepayment rates staying within specified levels. Brokers can explain […]
